https://www.taxtmi.com/caselaws?id=304178 The appeal before the Calcutta High Court involves the capital nature of sales tax incentives received after production commencement and the allowability of balance additional depreciation in a subsequent assessment year. The appellant contests the Income Tax Appellate Tribunal's decision, arguing that the incentives should not be treated as capital and questioning the allowance of balance additional depreciation in the following year. The court hearing is scheduled for December 4, 2019, highlighting the significance and timeliness of resolving these legal issues. en-us Thu, 26 Sep 2019 00:00:00 +0530 Wed, 08 Feb 2023 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304178 The appeal before the Calcutta High Court involves the capital nature of sales tax incentives received after production commencement and the allowability of balance additional depreciation in a subsequent assessment year. The appellant contests the Income Tax Appellate Tribunal's decision, arguing that the incentives should not be treated as capital and questioning the allowance of balance additional depreciation in the following year. The court hearing is scheduled for December 4, 2019, highlighting the significance and timeliness of resolving these legal issues. Case-Laws Income Tax Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304178